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Tullow OilAnnouncement

22/12/2017 13:00

RNS Number : 2616A
Tullow Oil PLC
22 December 2017
22 December 2017
NOTIFICATION OF TRANSACTION OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Aidan Heavey ("AH")
JSN Investments Limited ("JSN")
2
Reason for the notification
a)
Position/status
Chairman (AH)
A person closely associated with AH (JSN)
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name 
Tullow Oil plc
b)
LEI
2138003EYHWO75RKS857
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) 
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 10p each.


GB0001500809
b) 
Nature of the transactions
Sales of ordinary shares
c) 
Price(s) and volume(s)
Price(s)
1.915747 (AH)
1.91659 (JSN)
Volume(s)
197,059 (AH)
343,104 (JSN)
d)
Aggregated information
- Aggregated volume
- Price
197,059 (AH)
343,104 (JSN)
377,515.09 (AH)
657,589.70 (JSN)
e)
Date of the transactions
21 December 2017
f)
Place of the transactions
London Stock Exchange (XLON)


1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Paul McDade
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name 
Tullow Oil plc
b)
LEI
2138003EYHWO75RKS857
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) 
Description of the financial instrument, type of instrument
Identification code
(1) DSBP nil-consideration awards granted 13 March 2008
(2) PSP nil-consideration awards granted 15 May 2008
(3) Ordinary shares of 10p each Tullow Oil plc

GB00BF0BYM74
b) 
Nature of the transactions
(1) Exercise of vested awards
(2) Exercise of vested awards
(3) Sale of ordinary shares to cover tax obligations arising from the exercise of vested awards
c) 
Price(s) and volume(s)
Price(s)
(1) nil
(2) nil
(3) 1.9425
Volume(s)
(1) 17,229
(2) 94,182
(3) 52,495
d)
Aggregated information
- Aggregated volume
- Price
Total awards exercised: 111,411
Total shares sold: 52,495
Price of awards exercised: nil
Price of shares sold: 101,971.54
e)
Date of the transactions
21 December 2017 
f)
Place of the transactions
London Stock Exchange (XLON)

This information is provided by RNS
The company news service from the London Stock Exchange
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